Welcome to our dedicated page for Ltc Properties news (Ticker: LTC), a resource for investors and traders seeking the latest updates and insights on Ltc Properties stock.
LTC Properties Inc (LTC) is a leading healthcare-focused real estate investment trust specializing in senior housing and medical care facilities. This dedicated news hub provides investors and industry observers with essential updates on the company's strategic initiatives, financial performance, and market positioning.
Access authoritative reports on quarterly earnings, property portfolio expansions, and partnership developments within the senior living sector. Our curated collection includes press releases detailing lease transactions, mortgage financing arrangements, and operational milestones across LTC's network of assisted living communities and skilled nursing centers.
Key updates cover critical areas including capital deployment strategies, dividend announcements, and regulatory compliance matters specific to healthcare REITs. Bookmark this page for real-time insights into LTC's investments in memory care facilities and independent living communities, essential for monitoring trends in aging population infrastructure.
Check back regularly for verified information on leadership changes, analyst commentary, and industry benchmarking reports. This resource eliminates the need to scour multiple sources, providing a centralized repository for informed decision-making about healthcare real estate investments.
LTC Properties, a REIT focusing on seniors housing and health care properties, reported its 2024 second quarter results. Key highlights include:
- Total revenues increased to $50.1 million, up from $48.2 million in Q2 2023
- Net income available to common stockholders rose to $19.2 million ($0.44 per diluted share), compared to $6.0 million ($0.15 per share) in Q2 2023
- NAREIT FFO attributable to common stockholders increased to $28.2 million ($0.65 per diluted share)
- The company made several portfolio updates, including a $12.7 million mortgage loan origination and restructuring agreements with ALG Senior
- LTC's total liquidity stood at $189.3 million as of June 30, 2024
LTC Properties (NYSE: LTC) has announced the release of its second quarter earnings for 2024 on July 29, 2024, after market close. A conference call is scheduled for July 30, 2024, at 8:00 a.m. Pacific / 11:00 a.m. Eastern to discuss the company's performance for the quarter ending June 30, 2024. Interested parties can access the live webcast at www.LTCReit.com or by phone. A replay will be available an hour after the call and through August 13, 2024, accessible via both toll-free and international numbers. Additionally, the earnings release and supplemental information will be posted on the company's investor relations website.
LTC Properties has declared a monthly cash dividend of $0.19 per common share for Q3 2024. The distribution dates are:
- July 31, 2024, for shareholders recorded by July 23, 2024
- August 30, 2024, for shareholders recorded by August 22, 2024
- September 30, 2024, for shareholders recorded by September 20, 2024
This announcement reaffirms LTC's commitment to providing consistent returns to its investors.
LTC Properties (NYSE: LTC), a real estate investment trust focused on seniors housing and healthcare properties, has announced its participation in Nareit’s REITWeek 2024 Investor Conference. This event will take place from June 4-6 in New York City. Senior management will be presenting, and the presentation package will be available online at LTC's investor relations website.
LTC Properties, Inc. (LTC), a real estate investment trust focusing on seniors housing and healthcare properties, will have senior management participate in the BMO Real Estate Conference on May 8, 2024, in New York and the Wells Fargo Real Estate Securities Conference on May 9, 2024, in Amelia Island, Florida. Investors can access the Company's presentation package online at https://ir.ltcreit.com/Investors.
LTC Properties, Inc. (NYSE: LTC) announced its first-quarter 2024 results, reporting net income of $24,065, diluted EPS of $0.56, FFO of $29,909, and FAD of $31,274. The company completed various transactions, including property sales and lease transitions. LTC is focusing on long-term growth opportunities and strengthening its portfolio.
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